HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Completed
Towers
1
Land area
965 sq m
FAR sanctioned
1.5
Covered area
482 sq m
Open area
483 sq m

Timeline

Project startedJan 2019
RERA registeredMar 2019
Proposed completionJan 2021
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

M/S NAYAAB DEVELOPERS

UdupiBased in
1Projects
1City
2019–2021Active
Timelineevery project, start → promised completion
NAYAAB RESIDENCY

NAYAAB RESIDENCY

this project
Mixed Development
Jan 2019started
Jan 2021target completion
₹6.79 Cr

The only project Horizon has read from this promoter so far. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

03

Location & price analysis

RERA Karnataka · Registration filing
Taluk
Udupi
District
Udupi
Pincode
576101
Address
NAYAAB DEVELOPERS MOODANIDAMBUR VILLAGE, DOOR NO 13 2 12,COURT BACK ROAD, AJJARKAD, UDUPI
What’s nearby
Schools1 school within 500m · 6 educational institutions within 1km · College or university 416m away
HealthcareHospital 25m away · 7 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · Playground within 500m · 12+ restaurants and cafes within 1km
ShoppingSupermarket 1.8km away · Mall 1.3km away · Convenience store within 500m
Getting around
Expressway 1.1 kmPrimary road 39 m · Kavi Muddana MargaRailway line 2.3 km · Konkan RailwayRailway station 2.6km away (Udupi)Limited bus connectivity nearby
Water & environment
Water body 795 m · Temple Pushkarini
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹6.79 Cr declared. What that works out to:

13%of the cost is land

This is what the promoter filed it costs to build — land plus construction, at registration — not a sale price. The gap to an asking price is their margin, taxes and anything the filing doesn’t carry.

04

Planning authority

RERA Karnataka · Approved building plan

Udupi Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (25 Jan 2021) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.

The occupancy certificate — the proof that isn’t here

A sanctioned plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the sanctioned plan carries penalty or demolition risk.

The approving body, at scale

Udupi Urban Development Authority

Urban Development Authority

Has approved 134 RERA projects — 1.5% of Karnataka.

an apartments market — 87% apartments · 13% plotted layouts. Apartments like yours are this body's core business.

Builders
112
On record
3,485 flats · 325 plots
Reach
6 taluks
Since
2017

More apartment-heavy than Karnataka overall — 87% apartments here vs 62% statewide.

Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

Complaints register

None on record with RERA Karnataka against this project.

Only disputes escalated to the authority appear on the register — a private disagreement never filed here would not. A count from the public record, not a verdict.

What this record cannot tell you

  • Build quality — no filing records how well it was actually built.
  • Private disputes — only complaints escalated to the authority appear here.
  • What it will be worth — the record is the past; it does not price the future.